Accounts

Highlights and key figures for the group

DKK million
2010
2009
2008
2007
2006
Statement of income
Net turnover
4,553
4,979
6,102
6,391
6,008
Operating profit/loss
60
169
185
117
38
Financial items and profit/loss of associates
7
15
23
64
-3
Profit/loss before tax,
66
184
208
181
35
Profit/loss for the year
42
134
155
137
25
Balance sheet
Non-current assets
584
560
543
535
672
Current assets
2,058
2,520
2,423
2,295
2,032
Equity including minority
interests

963

964

880

761

638
Liabilities
1,679
2,116
2,086
2,069
2,066
Balance sheet total
2,642
3,080
2,966
2,830
2,704
Interest bearing net deposit
280
547
386
205
120
Invested capital
683
417
494
556
518
Cash flow statement
Cash flows to/from operating activities
-167
274
306
-29
189
Cash flows to/from investing activities
Net investment excl. securities*
-54
-86
-89
70
-113
Net investments in securities
183
-183
-10
-43
136
Cash flows to/from financing activities
-27
-57
-42
-19
-177
Total cash flows
-65
-52
164
-21
35
*) Of which, in property, plant and equipment (gross)
-130
-127
-116
-107
-156
Key figures
Pre tax margin, %
1.5
3.7
3.4
2.8
0.6
Dividend paid, DKK million
Share repurchases, DKK million
Total distributed to share-
holders, DKK million
Proposed dividend per share,
DKK
42
-

42

8
42
5

47

10
26
10

36

10
-
-

-

6
173
-

173

-
Average number of shares,
million

4.2

4.2

4.3

4.3

4.3
Number of shares at end
of period, million

4.2

4.2

4.2

4.3

4.3
Earnings and diluted earnings per share
(EPS and EPS-D), DKK
10.1
31.7
35.8
31.4
4.7
Book value per share, DKK
229
229
207
176
144
Share price at end of period,
A-shares

175

178

100

201

228
Share price at end of period,
B-shares

173

186

99

199

219
Share price/book value
0.8
0.8
0.5
1.1
1.6
Market value total DKK million
734
757
424
869
977
Price/earnings ratio
17.3
5.7
2.8
6.4
47.4
Return on equity, %
4.4
14.6
18.8
19.6
3.1
Equity ratio, %
36.5
31.3
29.7
26.9
23.6
Other information
Order book at end of year
5,043
4,087
5,181
5,835
5,867
Average number of employees
2,847
3,201
3,361
3,535
3,420

MT Højgaard is included in the consolidated accounts on a proportional consolidation basis based on a holding of 54%.
Højgaard Holding